Acquired by who? It's a luxury niche brand. Acquisition by one of the giants they integrate with (Apple, Amazon, Spotify, etc) would inevitably result in vendor

Acquired by who? It's a luxury niche brand. Acquisition by one of the giants they integrate with (Apple, Amazon, Spotify, etc) would inevitably result in vendor lock-in (Apple buys them and now Amazon Music doesn't work anymore), which would be devastating to their reputation and customer sat. A "neutral" giant (LG?) could pick them up, but why? Who wants to diversify into luxury home stereo? That leaves major audio companies (Sennheiser? Bose?), but those are mostly already luxury brands, and cobranding ("Sonos by Sennheiser") could get complicated. The nature of the market Sonos is working in means that whatever P/M fit they have is potentially compromised by being acquired. Weird, but that's luxury goods for ya.